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Common use of S.T Clause in Contracts

S.T. If Federal Funds are not received on time, such funds will be invested, and shares purchased thereby will be issued, as soon as practicable.

Appears in 121 contracts

Sources: Fund Participation Agreement (Lincoln National Variable Annuity Account C), Fund Participation Agreement (Lincoln New York Account N for Variable Annuities), Fund Participation Agreement (Lincoln National Capital Appreciation Fund Inc)

S.T. If Federal Funds are not received on time, such funds will be invested, and shares purchased thereby will will-be issued, as soon as practicable.

Appears in 7 contracts

Sources: Participation Agreement (Lincoln Life & Annuity Flexible Prem Vari Life Acct M), Participation Agreement (Lincoln Life & Annuity Var Ann Sep Acct L Group Var Ann Ii), Participation Agreement (Lincoln Life & Annuity Var Ann Sep Acct L Group Var Ann Ii)

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